By: Laura Schewel on March 8th, 2016

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StreetLight Data Secures $7.5M in Series B Financing

Big Data

StreetLight Data today is very happy to announce that we have secured $7.5M in Series B financing. In the past year, we’ve seen enormous uptake of StreetLight InSight® by the leading firms working with states, regions, and cities to transform the process of planning infrastructure, and to make the concept of Smart Cities a reality. The potential savings generated by these entities using StreetLight InSight – in terms of time, money, greenhouse gas and criteria air emissions – are substantial. Our new investment will allow us to take our technology, our ideas and our mission so much further, including expanding to new verticals.

StreetLight is glad to bring on board new investors and partners Osage University Partners and ENGIE New Ventures. In addition, our existing investors Vision Ridge Partners and Deutsche Telekom Strategic Investments participated in the round.

Please check back regularly for new updates of the exciting things to come following this important milestone for StreetLight.

 

To check out the formal announcements, see these links:

http://www.prweb.com/releases/2016/03/prweb13254059.htm

http://www.engie.com/en/journalists/press-releases/smarter-cities/

 

For more, please contact us